MGM Appoints Dene B. Stratton Chief Financial Officer

MGM Appoints Dene B. Stratton Chief Financial Officer

MGM announced Tuesday the appointment of Dene B. Stratton as its Chief Financial Officer. Stratton previously spent two decades at Walt Disney Company, starting in 1990. The announcement was made by MGM’s Co-Chairmen and Chief Executive Officers Gary Barber and Roger Birnbaum, who said: “Dene has the solid foundation and the precise experience we were hoping to find in our new CFO. We are enthused by what we know he will bring to the table and look forward to a prosperous future together.”

Full press release reprinted below:

MGM has appointed Dene B. Stratton to the post of Chief Financial Officer, it was announced today by Co-Chairmen and Chief Executive Officers Gary Barber and Roger Birnbaum.

Stratton, a nearly 20-year veteran of the Walt Disney Company, most recently served as CFO for internet start-up, TRC Media (Ireland) Limited. His MGM appointment is effective immediately and he will report to Barber and Birnbaum.

“Dene has the solid foundation and the precise experience we were hoping to find in our new CFO. We are enthused by what we know he will bring to the table and look forward to a prosperous future together,” said Barber and Birnbaum.

“I could not be more pleased to join a company with such a storied history as MGM, especially at this time as they are on the verge of such an exciting new chapter,” said Stratton.

Stratton spent nearly two decades at the Walt Disney Company, most recently serving as Chief Financial Officer, Jetix Europe. He held several posts during his tenure at the Company including Senior Vice President, Planning and Control for ABC; Senior Vice President and General Manager for DIC Entertainment; Vice President, Business Development for Walt Disney Television International in Asia Pacific; and Vice President, Finance, European Controller, Walt Disney Studios Europe, among others. Before joining the Walt Disney Company in 1990, Stratton served as Business Unit Controller for Calcomp, Inc. He began his career as an auditor at Ernst & Young LLP.

About Metro-Goldwyn-Mayer Studios Inc.Metro-Goldwyn-Mayer Studios Inc. is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music, and licensed merchandise. The company owns the world’s largest library of modern films, comprising around 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., MGM Television Entertainment Inc., MGM Networks Inc., MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in domestic and international TV channels reaching over 130 countries. For more information, visit www.mgm.com.